Obamacare’s Casino Pig: “46%” rather than “Half” and “May” rather than “Can,” and “Plus Conditions” = 2.9% Covered.

Obamacare Casino

The White House PR machine keeps trying to put lipstick on the ObamaCare pig. According to Whitehouse.gov, “there’s some great news from a Department of Health and Human Services report… Thanks to Obamacare, half of young adults between age 18 and 34 who are single and uninsured can get health coverage for $50/month or less.”

There are two problems with the claim.

First, the actual percentage, according to HHS figures, of 18-34 year olds who qualify for the $50/month rate is not “half” but 2.9%. The numbers are 1.3 million out of 44.2 million.

Secondly, the $50/month rate is not a market price but one that is subsidized by an expanded government entitlement.

The White House statement is not technically another ObamaCare lie, but it requires reading the fine print for interpretation. The full “caveated” statement in the report from the Office of The Assistant Secretary for Planning and Evaluation at HHS reads as follows:

Nearly 5 in 10 (46 percent, or 1.3 million) uninsured young adults in single-person households who may be eligible for the Health Insurance Marketplace may be able to purchase a bronze plan for $50 per month or less after tax credits, based on analysis of data in 34 states.

Note: “46%” rather than “half” and “may” rather than “can,” plus a complete list of conditions.

The discrepancy between 46% and 2.9% is due to the limiting filters placed on the age 18-34 population. HHS counted only:

1.Those who are “Medicaid and Marketplace eligible.”

Eligibility is based on the federal poverty level (FPL), which currently stands at $11,490. Individuals are eligible for Medicaid with modified gross adjusted incomes at 100% of the FPL, rising to 133% in January 2014.

“Marketplace eligible” is a euphemism for “eligible for subsidies.” Everyone is “eligible” to use the Marketplace to purchase insurance, but subsidies are offered for individuals earning up to 400% of the FPL, or $45,960.

In short, the sample was limited to young people who earn less than $45,960, who then qualify for government assistance. Is a surprise that if you only look at people who pay a fraction of the market price, that a high percentage will have low insurance costs? People on food stamps have low grocery bills, but that doesn’t mean that food prices are low.

“We limited our analysis to young adults in single-person households, where a household is a “health insurance unit” (HIU)… We estimate that 63.7 percent of uninsured young adults nationwide live in a single-person HIU.”

It’s not clear why this matters.

Those who are “uninsured”; if you’re on your parents’ plan, or already on Medicaid, you’re not in the market for insurance.

HHS warns, however:

“we are not able to link a young adult living apart from their parent’s household to their parent’s health insurance unit.”

Thus by the study’s own rules, many 18-26 years olds would have to subtracted from the “nearly half” of young adults paying $50/month since they’re already getting insurance through their parents.

Out of these 2.9 million, 1.3 million will pay $50 or less per month for a Bronze insurance plan. 1.3 million is 44.8% of 2.9 million, which is in the rounding error vicinity of HHS’s 46% figure.

Furthermore, the 18-34 age range is itself an arbitrary filter. 1.3 million people is a mere 0.42% of the overall American population.

Of course, no insurance plan exists that costs under $50/month.

Most individual plans I have seen while scanning different state exchanges are in the $200 to $400 range, with high deductibles. In Massachusetts, bronze individual plans have an out-of-pocket maximum of $6,350 above the cost of premiums — a significant expense for someone earning under $15,000 a year.

The $50/monthrate is possible only because of government subsidies in the form of “tax credits.”

Those under 133% of the FPL have a “Special Rule” that specifies a maximum premium of 2% of income. Thus an individual making $12,000/year pays $240/year for health insurance, or $20 month. This special rule will be irrelevant after January 2014, since these individuals will qualify for Medicaid and will be required to sign up.

And once you’re on Medicaid, don’t think about upgrading to a better plan. According to Healthcare.gov:

If you or your child has Medicaid or the Children’s Health Insurance Program, you don’t need to buy an insurance plan in the Marketplace. If you were to buy a Marketplace plan instead, you would have to pay the full cost.

I’m not sure how the tax credit mechanism of this would work if 47% of Americans don’t pay federal income taxes.

Perhaps it’s a way to increase entitlement spending off the books; an uncollected tax need not appear on the spending side of the federal budget.

March 31, 1994

The words you are about to read will FLOOR you. They were spoken 20 years ago. And forgive this man for his disheveled shirt collar, he had bigger fish to fry than attending ‘Fashion Week’events in NYC. In fact, if it weren’t for the work of Eustace Mullins we might still be living in the dark as the men behind the curtain continued with their plans to destroy us, undetected.

Eustace Mullins was an author, researcher and a Great Grandfather to the ‘Truth Movement’. He gave this speech at the Global Sciences Congress in Virginia Beach on March 31, 1994. How on earth could he have known the devastation ‘healthcare reform’ (aka: ‘Obamacare’) would cause, in such detail, some two decades ago?

“They need this healthcare money paid directly to them. It won’t go to a physician, it won’t go to a hospital, it will go to these Federal Reserve bankers so that they can keep their system functioning…”

Vel Craft Search +4000 Articles

Constitutional Republic Of The United States

True Federalism.

“The way to have good and safe government is not to trust it all to one, but to divide it among the many, distributing to every one exactly the functions he is competent to.

Let the national government be entrusted with the defense of the nation, and its foreign and federal relations; the State governments with the civil rights, law, police, and administration of what concerns the State generally; the counties with the local concerns of the counties, and each ward direct the interests within itself.

It is by dividing and subdividing these republics from the great national one down through all its subordinations, until it ends in the administration of every man’s farm by himself; by placing under every one what his own eye may superintend, that all will be done for the best.

What has destroyed liberty and the rights of man in every government which has ever existed under the sun? The generalizing and concentrating all cares and powers into one body.”

– Thomas Jefferson

Unconstitutional Powers By Repetition

Usurpations by one branch of government, of powers entrusted to a coequal branch, are not rendered constitutional by repetition.

The United States Supreme Court held unconstitutional hundreds of laws enacted by Congress over the course of five decades that included a legislative veto of executive actions in INS v. Chada, 462 U.S. 919 (1982).